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Author Topic: [BTC-TC] YABMC  (Read 45077 times)
boonies4u
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March 23, 2013, 04:10:25 PM
 #461

Cross posted from BTCT.co Asset News -- Regarding March 24th coupon

Quote
All,

As difficulty may change right around the time of the next coupon payment may be delayed by ~1 hour to ensure the amount is correct.

I will post this to the bitcointalk thread as well.

Thanks in Advance for your understanding!

And thanks for the advance notice Tongue
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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JWU42 (OP)
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April 15, 2013, 10:43:06 AM
 #462

In reviewing the spreadsheet that calculates coupons I noted that I used the wrong date (April 13 vs April 14).  This resulted in an underpayment of 86,400 seconds of work.  My apologies for the error!

I will pay the 1.27728020 BTC (8.94096137 is the correct total coupon) at 1200 UTC today.

Again, apologies!!


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May 17, 2013, 12:19:40 AM
 #463

If anyone is interested in selling back their shares please PM me.


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June 23, 2013, 05:26:50 PM
 #464

If anyone is interested in selling back their shares please PM me.


I have a block of 150 for sale at ฿ 0.00475 on BTCT.CO .

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June 26, 2013, 03:37:34 AM
 #465

Why the sudden buy trend? Or is JWU42 simplying "retiring his debt" and buying bonds back?

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June 26, 2013, 09:58:41 AM
 #466

Not me buying back at those prices  Shocked

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June 27, 2013, 01:16:44 AM
 #467

I bought some at the lowest price for hundreds, placed orders here just for fun, who sell them then? someone just want to leave, maybe

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Eric Muyser
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June 27, 2013, 02:36:52 AM
 #468

Why the sudden buy trend? Or is JWU42 simplying "retiring his debt" and buying bonds back?

Because the dividends were good value for the price when it fell so low. It started falling when BTC was falling, so I think it a large part was panic besides the difficulty hike.

Still, risky business. As long as you know when to get in and out it's fine though.

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July 18, 2013, 06:55:59 PM
 #469

Why the sudden buy trend? Or is JWU42 simplying "retiring his debt" and buying bonds back?

Because the dividends were good value for the price when it fell so low. It started falling when BTC was falling, so I think it a large part was panic besides the difficulty hike.

Still, risky business. As long as you know when to get in and out it's fine though.

A month later...Im not sure how I missed your reply.
Your response makes perfect sense & I believe it to be a logical conclusion to it.
Ah yes the traders adage ; "Knowing when to get in & get out". Separating the men from the boys.
Cheers...

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September 24, 2013, 01:35:27 AM
 #470

Sorry guys - just catching up on the announcement from BTCT.co today.  As you recall, there was a shareholder vote taken and the majority chose BTCT.co over staying private or using bitfunder.

I have grown quite tired of exchanges closing (GLBSE and now BTCT.co)  Tongue

I will have a sleep on this and determine what happens next...

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September 24, 2013, 08:23:25 PM
 #471

In speaking to Ukyo Bitfunder is not an option.

Unfortunately the list I get from BTCT.co does not have everyone's BTC address needed to continue coupon payments.  I would estimate it is not much more than 45% complete.


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September 24, 2013, 08:29:23 PM
 #472

In speaking to Ukyo Bitfunder is not an option.

Unfortunately the list I get from BTCT.co does not have everyone's BTC address needed to continue coupon payments.  I would estimate it is not much more than 45% complete.



Is Burnside providing the same drama as James McCarthy back in 2012?
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September 24, 2013, 09:54:38 PM
 #473

In speaking to Ukyo Bitfunder is not an option.

Unfortunately the list I get from BTCT.co does not have everyone's BTC address needed to continue coupon payments.  I would estimate it is not much more than 45% complete.



Is Burnside providing the same drama as James McCarthy back in 2012?

Hopefully not, but it shouldn't be too surprising that play-exchanges have similar problems once faced with the reality they'd have wished to ignore.

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September 24, 2013, 09:58:28 PM
 #474

In speaking to Ukyo Bitfunder is not an option.

Can you elaborate?
JWU42 (OP)
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September 24, 2013, 10:46:16 PM
 #475

In speaking to Ukyo Bitfunder is not an option.

Unfortunately the list I get from BTCT.co does not have everyone's BTC address needed to continue coupon payments.  I would estimate it is not much more than 45% complete.



Is Burnside providing the same drama as James McCarthy back in 2012?

Thankfully a bit more - namely an e-mail address.

The list I get 2x daily from BTCT.co contains:  E-mail, BTC Address, Shares

The BTC address is something recently required of BTCT.co users to add to their profile before any additional trades could execute.  They must have seen their closing as imminent...

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September 26, 2013, 09:17:48 PM
 #476

I have put up a bid at 0.00035 per share as a means to allow those wanting to cashout an option.

The two largest sells (both over 750 shares) post BTCT.co announcement were below .00015 - FWIW

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October 15, 2013, 12:41:43 PM
 #477

Of the 27,247 bonds outstanding, 4,768 have no BTC withdrawal address on file with BTCT.co.   Sad

If you could please send me a PM when you update your BTCT.co account it is appreciated.  Without a BTC address there is no means for sending coupons manually after BTCT.co closes and prior to YABMC closing at the end of 2013.

Thanks in Advance!

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October 15, 2013, 10:02:03 PM
 #478

It looks like those are just some "lost souls", which does not watch notifications from btct nor bitcoin news and just invested some time ago and forgot it. Maybe burnside should add "last trade date" row Smiley

Of the 27,247 bonds outstanding, 4,768 have no BTC withdrawal address on file with BTCT.co.   Sad

If you could please send me a PM when you update your BTCT.co account it is appreciated.  Without a BTC address there is no means for sending coupons manually after BTCT.co closes and prior to YABMC closing at the end of 2013.

Thanks in Advance!

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October 15, 2013, 11:25:10 PM
 #479

It looks like those are just some "lost souls", which does not watch notifications from btct nor bitcoin news and just invested some time ago and forgot it. Maybe burnside should add "last trade date" row Smiley

Of the 27,247 bonds outstanding, 4,768 have no BTC withdrawal address on file with BTCT.co.   Sad

If you could please send me a PM when you update your BTCT.co account it is appreciated.  Without a BTC address there is no means for sending coupons manually after BTCT.co closes and prior to YABMC closing at the end of 2013.

Thanks in Advance!

Shmoula -- It seems some of these folks have never traded or dare I say sign into their BTCT.co accounts....

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October 16, 2013, 06:00:25 AM
 #480

Kudos to JWU42 for still honoring YABMC investor. Although I sold all my 4k+ shares a few months ago when ASIC start shipping, YABMC still was my best investment I have made in Bitcoin world(of cause, besides direct buying BTC). For the record, I have went through Bitcoinica, pirate@40, multiple mining bonds @GLBSE, etc.
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